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Mobile’s Role in an Integrated
   Marketing Campaign

          Chris Causey

          May 17, 2012
BBVA Compass
               Mobile Phone Sales vs. Computer Sales




                                                       2
BBVA Compass
               Carrier Industry Supply




                                         3
BBVA Compass
               Mobile Internet Outpaces Desktop Internet Adoption




                                                               4
BBVA Compass
                                         AT&T Mobile Data Traffic Growth




                                                                                Source: AT&T


         Starting in 2008 a dramatic increase in sales of smart phones like the iPhone,
         has had a rapid growth rate for mobile data traffic.
         Remember the iPhone has gone from 0 to 2 billion apps in 14 months as of
         September 2009.
                                                                                               5
BBVA Compass
                              SMS Facts

SMS is a powerful medium for reaching customers

SMS Facts

•Text messages have a 98% read rate
•Average response time equals 90 seconds (email = 90
minutes)
•Creates an ongoing relationship of trust
•Text messages have an open rate increase of 300% as
compared to email
•8 times the response rate compared to the same email
offer
•Coupon redemption rates are often between 10 – 20% 6
                                          NeuStar 2010
BBVA Compass
                            SMS Applications
               Mobile Applications:

                 •Balance Inquiries
                     •Text for Info
                   •Store Locators
                   •Retail Coupons
                •Promotional Offers
                      •Text 2 Win
                •Event Mobilization
                  •SMS Reminders
                      •Fan Clubs
                  •Voting & Polling
                    •Sweepstakes
                     •Click to Call
                •Product Launches
                 •Loyalty Programs             7C
               •Service Notifications            l
BBVA Compass
                                 SMS Starting a Campaign

Getting Started, Questions to be Answered

Decide if you will use a vendor to set up your campaign or if it will
be in-house.
Factors for Deciding:
•How soon do you need the campaign?
•How many customers do you anticipate on reaching?
•What are your costs with the vendor vs. in house?
•Is this a program that will be continuously used or a one time
event?




                                                                        8
BBVA Compass
                                       SMS Questions to Ask a Vendor

•What is your setup costs for the SMS Campaign?
•Is there a recurring maintenance fee?
•Are there any extra fees for service not included your estimates?
•What is the SMS messaging costs charged, is it a tier structure based on the volume,
monthly?
•Are there any charges from the carriers I will be expected to pay?
•Who are the carriers your aggregator supports?
•Who is your SMS aggregator?
•Who do we need to contact when the SMS aggregator is down and no messages are
going through?
•Will I have a direct contact at the SMS aggregator to call when they are down?
•Will you supply a dedicated short code for our campaign?
•Do we need to supply you a short code for our campaign?
•Do we have to go through certification with the carriers? If so how long will that take?
•Your team will help us with the CTIA guidelines to keep us compliant?
•Is there extra costs for the CTIA guidance?
•My understanding is we have 160 characters to supply a message to the customer is
that correct?
•If we would like to send 2 messages (or multiple) to customers in order to get more
information to the customer do we have that option?
                                                                                            9
BBVA Compass
                            SMS Questions to Ask a Vendor (Continued)

•What data can you collect for us?
•How can we use the data in our campaign, or what analysis can you do to the
data during the event?
•I'd like to use the mobile numbers in the future, can you help me be compliant
with the CTIA guidelines so we can use it for future marketing opportunities?
•If a customer responds with a incoherent message will a dedicated error
message be sent back or do you have people who will intercept the message
and try to reply with a custom response on the fly?
•At the event, will you have the carriers (AT&T, Verizon, Sprint, T-mobile)
supplying repeaters so we don't have bandwidth issues with so many
customers trying to use their cell phone? If not how does your system
compensate for this problem as well as deal with areas that have low signal's
for the carriers?
•During the event walk us through how the data results will be compiled, will it
be provided during the halftime if needed or how will that work?
•Will I have a contact person to call to get the results during the event?


                                                                               10
BBVA Compass
                             SMS In-house Tips

 •Secure your short code directly from the CSCA
 (www.usshortcodes.com)
 •If you obtain your shortcode your company can retain
 it if you switch vendors
 •Random codes are $500 a month or $6,000 a year
 •Vanity codes are $1,000 a month or $12,000 a year
 •Pick a code that is easy to remember
 •Make sure your aggregator reaches your customers
 especially tier 2 carriers
      •You may have many customers who use Metro
      PCS in your area as an example


                                                         11
BBVA Compass                     QR Codes

QR Codes are an easy way to make your marketing
interactive

Remember they are Free!

Great for customers to scan the code to be redirected to:
•A web page with more information on a product
•A coupon code that can be used
•Sending a SMS text message to the customer
•Having the ability for the customer to call a phone
number


                                                       12
BBVA Compass
                     Where to promote SMS & QR Codes


               •Product Packaging
               •Print
               •Web
               •TV
               •Radio
               •Billboards
               •Direct Mail Flyers
               •Posters
               •Inserts
               •Shopping Bags
               •Kiosks
               •LCD Screens & Displays                 13
BBVA Compass
               Sample of SMS and QR Code




                                           14
BBVA Compass
                             Results Case Studies

1st Case Study

SMS Text Links for Mobile Banking Apps

Objective:
•Increase Mobile Banking App Enrollment
•Improve ease of activations

Results
• Increased enrollment growth rate at 95% over a 12
month period
•Grew original enrollment by a factor of 7 times over the
original number during 2 years
                                                        15
BBVA Compass
                       Results Case Studies (Continued)


2nd Case Study

SMS Scavenger Hunt

Objective:
•Increase product sales during event

Results
•50% of customers participating opened a new account



                                                          16
BBVA Compass




                   Questions?

Contact Info:
Chris.causey@bbvacompass.com
chriscausey@gmail.com

Linkedin Profile:
http://www.linkedin.com/pub/chris-causey/11/934/b6a

Twitter:
christophercau1
                                                      17

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Mobile’s Role in an Integrated Marketing Campaign - BDI 5/17/12 Social & Mobile Financial Services Communications: Case Studies and Roundtables

  • 1. Mobile’s Role in an Integrated Marketing Campaign Chris Causey May 17, 2012
  • 2. BBVA Compass Mobile Phone Sales vs. Computer Sales 2
  • 3. BBVA Compass Carrier Industry Supply 3
  • 4. BBVA Compass Mobile Internet Outpaces Desktop Internet Adoption 4
  • 5. BBVA Compass AT&T Mobile Data Traffic Growth Source: AT&T Starting in 2008 a dramatic increase in sales of smart phones like the iPhone, has had a rapid growth rate for mobile data traffic. Remember the iPhone has gone from 0 to 2 billion apps in 14 months as of September 2009. 5
  • 6. BBVA Compass SMS Facts SMS is a powerful medium for reaching customers SMS Facts •Text messages have a 98% read rate •Average response time equals 90 seconds (email = 90 minutes) •Creates an ongoing relationship of trust •Text messages have an open rate increase of 300% as compared to email •8 times the response rate compared to the same email offer •Coupon redemption rates are often between 10 – 20% 6 NeuStar 2010
  • 7. BBVA Compass SMS Applications Mobile Applications: •Balance Inquiries •Text for Info •Store Locators •Retail Coupons •Promotional Offers •Text 2 Win •Event Mobilization •SMS Reminders •Fan Clubs •Voting & Polling •Sweepstakes •Click to Call •Product Launches •Loyalty Programs 7C •Service Notifications l
  • 8. BBVA Compass SMS Starting a Campaign Getting Started, Questions to be Answered Decide if you will use a vendor to set up your campaign or if it will be in-house. Factors for Deciding: •How soon do you need the campaign? •How many customers do you anticipate on reaching? •What are your costs with the vendor vs. in house? •Is this a program that will be continuously used or a one time event? 8
  • 9. BBVA Compass SMS Questions to Ask a Vendor •What is your setup costs for the SMS Campaign? •Is there a recurring maintenance fee? •Are there any extra fees for service not included your estimates? •What is the SMS messaging costs charged, is it a tier structure based on the volume, monthly? •Are there any charges from the carriers I will be expected to pay? •Who are the carriers your aggregator supports? •Who is your SMS aggregator? •Who do we need to contact when the SMS aggregator is down and no messages are going through? •Will I have a direct contact at the SMS aggregator to call when they are down? •Will you supply a dedicated short code for our campaign? •Do we need to supply you a short code for our campaign? •Do we have to go through certification with the carriers? If so how long will that take? •Your team will help us with the CTIA guidelines to keep us compliant? •Is there extra costs for the CTIA guidance? •My understanding is we have 160 characters to supply a message to the customer is that correct? •If we would like to send 2 messages (or multiple) to customers in order to get more information to the customer do we have that option? 9
  • 10. BBVA Compass SMS Questions to Ask a Vendor (Continued) •What data can you collect for us? •How can we use the data in our campaign, or what analysis can you do to the data during the event? •I'd like to use the mobile numbers in the future, can you help me be compliant with the CTIA guidelines so we can use it for future marketing opportunities? •If a customer responds with a incoherent message will a dedicated error message be sent back or do you have people who will intercept the message and try to reply with a custom response on the fly? •At the event, will you have the carriers (AT&T, Verizon, Sprint, T-mobile) supplying repeaters so we don't have bandwidth issues with so many customers trying to use their cell phone? If not how does your system compensate for this problem as well as deal with areas that have low signal's for the carriers? •During the event walk us through how the data results will be compiled, will it be provided during the halftime if needed or how will that work? •Will I have a contact person to call to get the results during the event? 10
  • 11. BBVA Compass SMS In-house Tips •Secure your short code directly from the CSCA (www.usshortcodes.com) •If you obtain your shortcode your company can retain it if you switch vendors •Random codes are $500 a month or $6,000 a year •Vanity codes are $1,000 a month or $12,000 a year •Pick a code that is easy to remember •Make sure your aggregator reaches your customers especially tier 2 carriers •You may have many customers who use Metro PCS in your area as an example 11
  • 12. BBVA Compass QR Codes QR Codes are an easy way to make your marketing interactive Remember they are Free! Great for customers to scan the code to be redirected to: •A web page with more information on a product •A coupon code that can be used •Sending a SMS text message to the customer •Having the ability for the customer to call a phone number 12
  • 13. BBVA Compass Where to promote SMS & QR Codes •Product Packaging •Print •Web •TV •Radio •Billboards •Direct Mail Flyers •Posters •Inserts •Shopping Bags •Kiosks •LCD Screens & Displays 13
  • 14. BBVA Compass Sample of SMS and QR Code 14
  • 15. BBVA Compass Results Case Studies 1st Case Study SMS Text Links for Mobile Banking Apps Objective: •Increase Mobile Banking App Enrollment •Improve ease of activations Results • Increased enrollment growth rate at 95% over a 12 month period •Grew original enrollment by a factor of 7 times over the original number during 2 years 15
  • 16. BBVA Compass Results Case Studies (Continued) 2nd Case Study SMS Scavenger Hunt Objective: •Increase product sales during event Results •50% of customers participating opened a new account 16
  • 17. BBVA Compass Questions? Contact Info: Chris.causey@bbvacompass.com chriscausey@gmail.com Linkedin Profile: http://www.linkedin.com/pub/chris-causey/11/934/b6a Twitter: christophercau1 17